DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Aug 21, 2014 04:18 PM CDT


Light cattle trading developed in several states with prices steady/firm with Wednesday's decline: $242/$243 in the North and $153 in the South. Asking prices closed around $244-$255 in the North and $154-$155 in the South. According to the closing report, the Iowa hog base is $0.79 lower compared with the Prior Day settlement ($94.00-$97.00, weighted average $95.89). For the most part, corn futures settled 1-2 cents higher, supported somewhat by light commercial buying. U.S. stocks climbed on Thursday as investors embraced upbeat economic reports and looked to a dovish message from Fed Chair Yellen when she talks ...

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